2022
Exports
$6.17kWorld Rnk 143 / 170
Flag Rnk 794 / 945
2022
PRODUCT COMPLEXITY IN Cement
-1.46Rnk 943 / 1025
2022
Imports
$7.17MWorld Rnk 140 / 224
Flag Rnk 215 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $6.17k in Cement, making it the 143rd largest exporter of Cement in the world. At the same year, Cement was the 794th most exported product in Armenia. The main destination of Cement exports from Armenia are: Russia ($5.9k), Georgia ($264), and Italy ($2).

The fastest growing export markets for Cement of Armenia between 2021 and 2022 were Russia ($5.9k), Georgia ($264), and Italy ($2).

Imports In 2022, Armenia imported $7.17M in Cement, becoming the 140th largest importer of Cement in the world. At the same year, Cement was the 215th most imported product in Armenia. Armenia imports Cement primarily from: Iran ($4.43M), Georgia ($2.72M), Russia ($12.4k), Turkey ($3.76k), and Italy ($280).

The fastest growing import markets in Cement for Armenia between 2021 and 2022 were Georgia ($2.72M), Russia ($8.21k), and Turkey ($3.76k).

Historical Data

Trade Balance

Color
EXPORTS (2022)$6.17k
IMPORTS (2022)$7.17M
NET TRADE (2022)-$7.17M

In 2022, Armenia exported $6.17k in Cement. The main destinations of Armenia exports on Cement were Russia ($5.9k), Georgia ($264), and Italy ($2).

In 2022, Armenia imported $7.17M in Cement, mainly from Iran ($4.43M), Georgia ($2.72M), Russia ($12.4k), Turkey ($3.76k), and Italy ($280).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cement EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$5.9k (590k%)
Georgia$264 (1%)
Italy$2 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cement BY Armenia WERE (2021 - 2022):Kazakhstan-$9 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Armenia's main exporting competitors in Cement were:
In 2022, Armenia's main importing competitors in Cement were:

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Trade Value of Cement by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $2.59k
TOP IMPORT POTENTIALIran+ $362k

Cement’s highest export potential is Russia. With an export gap of $2.59k.   Cement’s highest import potential is Iran with an import gap of $362k.

See methodology.

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